Automatic Data Processing
ADP
1,081 hedge funds and large institutions have $31.1B invested in Automatic Data Processing in 2015 Q1 according to their latest regulatory filings, with 68 funds opening new positions, 346 increasing their positions, 453 reducing their positions, and 55 closing their positions.
110% more call options, than puts
Call options by funds: $85.4M | Put options by funds: $40.7M
24% more first-time investments, than exits
New positions opened: 68 | Existing positions closed: 55
15% more funds holding in top 10
Funds holding in top 10: 46 → 53 (+7)
3% more capital invested
Capital invested by funds: $30.4B → $31.1B (+$768M)
0% more funds holding
Funds holding: 1,081 → 1,081 (0)
0.12% less ownership
Funds ownership: 57.06% → 56.94% (-0.12%)
24% less repeat investments, than reductions
Existing positions increased: 346 | Existing positions reduced: 453
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$531M |
| 2 |
MAA
Managed Account Advisors
Jersey City,
New Jersey
|
+$187M |
| 3 |
Barclays
London,
United Kingdom
|
+$65.3M |
| 4 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
+$57.7M |
| 5 |
Tudor Investment Corp
Stamford,
Connecticut
|
+$43.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
-$287M |
| 2 |
Morgan Stanley
New York
|
-$164M |
| 3 |
State Street
Boston,
Massachusetts
|
-$134M |
| 4 |
CRC
Cedar Rock Capital
London,
United Kingdom
|
-$71.4M |
| 5 |
DC
Davenport & Co
Richmond,
Virginia
|
-$67.3M |
ADP Hedge Fund Activity: Q1 2015 in Review
1,081 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Automatic Data Processing (ADP) for Q1 2015, worth a combined $31.1B — up 2.5% from $30.4B a quarter earlier.
Buyers outnumbered sellers: 68 funds opened new ADP positions and 55 closed out — a net gain of 13 holders — while 346 added to existing stakes and 453 trimmed.
The largest buyer was Bank of America, adding an estimated $531M. The largest seller was Capital Research Global Investors, cutting an estimated $287M.
- 1,081 institutional investors held Automatic Data Processing (ADP) as of Q1 2015, unchanged from Q4 2014.
- Funds reported $31.1B of Automatic Data Processing stock for Q1 2015, up 2.5% quarter-over-quarter.
- 68 funds opened new Automatic Data Processing positions in Q1 2015 and 55 closed out, a net change of +13 holders.
- The largest Automatic Data Processing buyer in Q1 2015 was Bank of America, an estimated $531M added.
- The largest Automatic Data Processing seller in Q1 2015 was Capital Research Global Investors, an estimated $287M sold.
Based on aggregated 13F filings for Q1 2015.